Why you need a physicist on staff
November 1, 2019 4:44 AM Subscribe
Electric utility New Brunswick Power paid Florida company Joi Scientific CAD$13 million to license a technology that claims it can generate hydrogen gas from sea water for a net 200 per cent electrical efficiency. But this past summer, after the roll-out date for a demonstration unit had been pushed back two years to 2020, Joi Scientific CEO Traver Kennedy revealed to shareholders that Joi had been calculating power incorrectly, and the technology in fact has "poor system efficiencies". They were, of course, warned that "Joi's claim that it can get more energy out of its secret hydrogen process than it puts in — a process the company itself has called "magic" — is too good to be true."